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Telos Corporation TLS Security Solutions — Gross Profit

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Secure Networks
$192K-69.7%

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Other financials

Income statement

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Revenue$47.7M+32.7%
Gross profit$16.7M+39.9%
Operating income$310.0K+103%
Net income$660.0K+107%
EPS (diluted)$0.01+108%

Balance sheet

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Cash & equivalents$50.6M-11.1%
Total debt$7.0M-23.7%
Total equity$93.4M-21.1%
Total assets$139.7M-15.3%

Cash flow

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Operating cash flow$8.8M+27.1%
CapEx$246.0K+83.6%
Free cash flow$8.6M+26.0%

Valuation

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Market cap$357.64M+72.4%
Enterprise value$313.95M+103%
P/S1.9×+0.1×

Profitability

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Gross margin36.6%+4.2pp
Operating margin-9.9%-4.4pp
Net margin-8.1%-3.7pp
FCF margin17.4%+14.0pp

Returns & leverage

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Return on equity-14.9%-5.8pp
Debt / equity0.1×0.0×
Current ratio2.4×-0.3×

Where this comes from

Reported directly by Telos Corporation in its filing.

Tagged under the XBRL concept us-gaap:GrossProfit.

The source filing: Telos Corporation’s 10-Q, filed August 10, 2026.

Filed
Aug 10, 2026, 4:03 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000320121-26-000037
Line itemFor the Three Months Ended / June 30, 2026For the Three Months Ended / June 30, 2025For the Six Months Ended / June 30, 2026For the Six Months Ended / June 30, 2025
Cost of sales – products (excluding depreciation and amortization)6,0025,71610,5347,156
Depreciation and amortization2,5141,7155,1103,218
Total cost of sales31,05324,03661,42042,470
Gross profit16,69211,93234,06724,114
Operating expenses:
Research and development expenses1,3451,5122,7023,083
Selling, general and administrative expenses15,03720,30329,60039,936
Total operating expenses16,38221,81532,30243,019

Item 1. Financial Statements (Unaudited)

FAQ

What is Telos Corporation's security solutions — gross profit?
Telos Corporation (TLS) reported security solutions — gross profit of $16.5M in Q2 2026.
How has Telos Corporation's security solutions — gross profit changed year-over-year?
Telos Corporation's security solutions — gross profit increased by 46.0% year-over-year, from $11.3M to $16.5M.
What is the long-term trend for Telos Corporation's security solutions — gross profit?
Over 4 years (2021 to 2025), Telos Corporation's security solutions — gross profit has grown at a -3.0% compound annual growth rate (CAGR), from $64.9M to $57.56M.
What does security solutions — gross profit mean?
This metric is calculated as the total revenue of the Security Solutions segment minus the direct costs associated with producing and delivering its products and services. It measures the fundamental profitability of the segment's core business activities before accounting for operating expenses.

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